Posts Tagged ‘Plugging Money Leaks’
Solving Healthcare Costs, with Dave Chase
Are you concerned about ballooning healthcare costs? You should be! It’s an expense that’s risen far faster than inflation, and paying more than you need to is a money leak that prevents you from making the forward traction towards your financial goals that you deserve. In this episode, we’re talking with Dave Chase about how…
Read MoreIs Velocity Banking the Fastest Way to Pay Off Your House?
Want to pay off your house fast? Considering Velocity Banking? You’re not alone. So many people are motivated, whether by culture, values, or something else, to pay off their house as quickly as possible. This desire is completely normal. But it can leave you vulnerable to some pretty big unintended consequences. When we’re emotionally driven…
Read MoreTax Savings Strategies for Doctors, Dentists, and Chiropractors
In today’s show, we interview Dustin Griffiths, tax strategist with Kings Tax and Accounting. We’ve had him on the show twice before because taxes are a key area that we see over and over again that business owners of all types are leaking money. Let’s bring this into perspective for a minute. If you were…
Read More15 vs. 30 Year Mortgage: Myths About Paying Off Your Mortgage
When it comes to paying off your mortgage, the 15 vs. 30-year mortgage question can stop you in your tracks. Chances are, you’re probably trying to figure out how to get a better interest rate or get out of debt sooner. But to make the decision that puts you in the most financial control, you…
Read MoreProfit Maximization: Find and Fix Your Money Leaks
The best profit maximization strategies are the ones nobody’s talking about. Why? Because everyone is looking for the hardest, most challenging, and over-complicated techniques. Maybe it’s our human tendency to believe that everything worthwhile has to be difficult. Or perhaps, we like the bragging rights we get after surviving the most grueling, tortuous feats. Like cutting…
Read MoreHow to Wean Grown Kids Off Your Payroll, Freeing Up Retirement Cash (Reviewed)
Many people get stuck paying their kids’ bills long after the kids are grown and moved out of the house. Often, it’s to the tune of hundreds, if not thousands of dollars each month. Even commitments you initially made because you love your kids and want to help them can begin to feel like a…
Read MoreEconomic Value Added (EVA) and Infinite Banking
Economic Value Added (EVA) is a little-known, but impressively effective measure to boost your profitability. Coca-Cola, AT&T, Quaker Oats, CSX, and Briggs and Stratton helped the term rise to prominence when they adopted economic profit, or EVA, in the 80s and 90s. Focus on this insightful accounting measure resulted in an overwhelming increase in business…
Read MoreProfit First, with Mike Michalowicz
Mike Michalowicz is a champion of profitability, on a mission to eradicate entrepreneurial poverty. Mike is the author of Profit First, Transform Your Business from a Cash-Eating Monster to a Money-Making Machine. He helps business owners realize their need for making a profit and design a practical, working accounting system that doesn’t take ironman willpower…
Read MoreBetter Than A Budget: Cash Flow Awareness
The ultimate goal of cash flow awareness is to save more each month. Why? Because generously paying yourself first is the foundation of wealth creation. With more savings, you build up capital to invest in cash-flowing assets so you can create time and money freedom. But across all income levels, most people’s savings habits are anemic, or even…
Read MoreStrategic End of Year Tax Moves That Leave You Wealthier
As you count down the days until Christmas, you’re also counting down the days you have before you tie up the loose ends on your fiscal year to prepare for 2018 taxes. We’ll walk you through practical and strategic tax moves you can make to close out the books, stay organized, and save taxes. This…
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